Rival Downhole Tools acquires Hunting Energy Services drilling assets

Rival Downhole Tools has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc., with Hunting PLC taking a minority equity interest in Rival. The deal increases Rival's US footprint and supports international expansion.

“This transaction marks a milestone in our mission to build a market leadership position and provide a complete offering in downhole tools.”rigzone.com

• 1 source
• rigzone.comDownhole Drilling Player Expands US FootprintMatthew V. VeazeyDec 16, 2020

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